Inflation rises at fastest pace in 40 years, pushed up by record gas prices
The pain of higher prices continues for US consumers. Record gas prices drove inflation to 8.6% for the 12 months ending in May, higher than the pace in April, according…
Dividend Investing and Value News
The pain of higher prices continues for US consumers. Record gas prices drove inflation to 8.6% for the 12 months ending in May, higher than the pace in April, according…
The biggest companies in the market could benefit the most. Investors on Wall Street came in Thursday morning in a downbeat mood, and the stock market seemed to reflect the…
Break out your mom’s bell-bottoms and dad’s leisure suit from your parents’ attic. It’s 1979 again (at least economically) Don’t listen to the perpetual doomsayers who claim this is the…
Better-than-expected job growth in May likely solidified the likelihood of the Federal Reserve lifting interest rates by a half-percentage point at its meeting in two weeks and again in July…
Since Monday, the national average for a gallon of regular gasoline has increased by nine cents to $4.71. According to new data from the Energy Information Administration (EIA), total domestic…
The Federal Reserve needs to raise rates by a half-of-a-percentage point at each of its next two meetings, and then assess if inflation has moderated enough to slow the pace…